Former Soviet Republic Could Be Next to Adopt Euro

No European country has been more adept than the former Soviet republic of Estonia in dealing with the global economic crisis. Tallinn implemented some of the toughest austerity measures seen in Europe and, in one year's time, has qualified to become the next country to introduce the euro.

ESO: Background information: Baltic States and the crisis. Running for the euro http://www.europeansources.info/record/baltic-states-and-the-crisis-running-for-the-euro/

ESO: Background information: Convergence Report 2010 by the Commission assesses readiness of non-euro area EU countries to adopt the euro; proposes Estonia joins euro area in 2011 http://www.europeansources.info/record/press-release-convergence-report-2010-by-the-commission-assesses-readiness-of-non-euro-area-eu-countries-to-adopt-the-euro-proposes-estonia-joins-euro-area-in-2011/

BBC News, 8.6.10: EU ministers back Estonia bid to join euro http://news.bbc.co.uk/1/hi/business/10264800.stm

Website: Estonia: Bank of Estonia: Euroweb http://euro.eesti.ee/EU/Prod/Euroveeb/application/controllers/handleSessions.jsp?lang=en&oid=3248

BBC News, 29.6.10: Why Estonia wants to join the troubled euro http://news.bbc.co.uk/1/hi/world/europe/10447312.stm

Deutsche Welle, 19.6.10: Estonia is 'most integrated country north of Germany' http://www.dw-world.de/dw/article/0,,5697120,00.html

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